Thailand’s KBank picks Instarem to power cross-border payments
Singapore-based Instarem will provide digital money transfers to select markets.
Digital
Cryptocurrency and charity – a match made in heaven?
It’s important to remember the positives that cryptocurrency and blockchain technology brings to the world.
Trustly and Collector Bank team for instant payments to Nordic merchants
The partnership seeks to take advantage of the popularity of online bank payments in the region.
Modulr completes scale-up investment round of £14m
Taking the total amount raised by Modulr to £24 million.
Student digital current account Loot enters administration
The fintech collapsed after a sale to RBS fell through.
Standard Chartered partners with IBM to launch Trade AI Engine
Aims to significantly automate trade document processing.
The profound romance of plumbing and core banking infrastructure
What if, by treating the core capabilities as utilities we could totally change the game?
Capgemini powers Skandiabanken’s new mortgage platform
The new tech uses the Pega Platform, the digital process automation (DPA) platform from Pegasystems
How industries are adapting to the rise of digital nomads
Living as a digital nomad certainly has its perks.
Nuvei Bidco acquires paytech SafeCharge for $889m
SafeCharge board unanimously recommends the deal.
TransferWise doubles its valuation to $3.5bn
International payments firm raised $292 million in secondary funding.
Conversational AI firm Clinc raises $52m
The Series B round brings the Ann Arbor, Michigan-based fintech’s total capital to $60 million.
Tapping into new source markets to drive loyalty
Tapping into new source markets is an exciting way forward. But where to start?
Cryptomathic acquires Aconite Tech for EMV infrastructure prowess
The two firms say they have complementary and similar products.
Wagestream raises £40m for “get-paid-as-you-earn” service
It is the UK’s largest pool of social impact investment.
Lloyds announces new digital tech hub in Edinburgh
Plan will create 500 high-skilled jobs over next 18 months.
What the Romans can teach us about digital identity
It’s time to stop demanding data, and start asking around instead.
Video: fintech news weekly round-up – 20 May 2019
Fintech investments, and how Brits use fintech services!
TransUnion acquires TruSignal
Financial details remain undisclosed.
Major banks pledge $50m to develop digital cash settlement system
The names of the banks have not been disclosed.
ATMs decline for first time as cash demand falls
But ATMS are on the rise in developing markets.
Swedish fintech Minna Tech receives €5.6m funding
The subscription management tech now aims to make customer experience easier.
BNP Paribas makes a Magic Leap to teleportation meetings
Meetings can be held via hologram in five locations.
The Netherlands – the rise of a new fintech hub
More than 400 companies are operating in the Dutch fintech industry, and the start-up scene is thriving.
Banking on CX leadership?
Practical steps and examples of how to deliver differentiated, superior customer experiences.
Swedbank to acquire Vilnius’ Barclays Operations Centre in Lithuania
Banks are planning to complete this transaction by 1 July 2019.
White paper: Shapeshifting – a look at the evolving landscape of cross-border payments
Discussing consumerism, PSD2, managing risk and the power of digital ecosystem.
ABN AMRO joins investors helping Tealium target global expansion
Tealium’s AudienceStream platform connects customer data in one place.
Rabobank IDB works with Sopra for PSD2
The bank has taken a Sopra solution called the Digital Experience Platform (DxP).
Q2 and ALTR leverage the blockchain to boost data security
The new technology, Q2 TrustView, powered by ALTR, adds to Q2’s approach to data management and protection by mitigating security breaches in real time.
FintechOS raises $1.2m to expand internationally
The round brings the company’s total funding to $3 million.
Top fintech stories this week – 17 May 2019
SoftBank’s big investment, as well as BCR’s pool B… and more!
Why Iron Man is the ultimate mortgage broker
“Iron Man” – super-powered, not totally automated.
Quotevine wins £2.2m in funding
The UK-based firm provides asset and automotive finance solutions.
Zenus Bank launches aiming to serve global clients
The US bank holds an international license.
Fintech start-ups invited to join Suncorp’s Digital Incubator Programme
Participants get three months to develop their ideas with Suncorp.
NBB forges ahead with open banking in Bahrain
Tarabut Gateway will provide the infrastructure.
German bank Penta integrates business invoicing with Debitoor
Debitoor automatically compares invoices and money paid.
Citi backs ChartIQ’s desktop integration technology
Undisclosed investment adds to $17.4 million Series B round.
Appian World 2019: why banks need low-code tech
Revolutionising call centres, and harnessing AI to address challenges such as the demise of Libor.
